BPCL and Mumbai Port Sign MoU for Green Fuel Development

04 Oct 2024 CW Team

Bharat Petroleum Corporation (BPCL), recognized as a Fortune Global 500 company, has entered into a Memorandum of Understanding (MoU) with the Mumbai Port Authority (MbPA) and the Mumbai Port Sustainability Foundation (MPSF) to establish a green fuel ecosystem at Mumbai Port. This initiative aims to facilitate India's transition to cleaner energy solutions and lower greenhouse gas emissions.

The MoU was signed in the presence of G. Krishnakumar, Chairman and Managing Director of BPCL; Rajiv Jalota, Chairperson of MbPA; and Rahul Tandon, BPCL's Business Head (I&C). It outlines a partnership focused on promoting sustainable energy practices, which include the introduction of Electric Vehicle (EV) charging stations at Mumbai Port and the conversion of diesel-powered vessels to cleaner fuel alternatives.

G Krishnakumar stated that the MoU aligns with BPCL’s plans for a sustainable future and their goal of achieving net zero emissions in Scope 1 and Scope 2 by 2040. He emphasized that BPCL’s commitment to sustainable energy in the maritime sector reflects its dedication to social responsibility.

Rahul Tandon expressed that the partnership with MbPA showcases BPCL’s strategic vision for advancing the sustainable fuels business. He noted that by utilizing LNG and green energy infrastructure, they aim to transform the future of maritime operations.

In addition to establishing green fuel infrastructure, the MoU includes initiatives for waste management at Mumbai Port. BPCL and MPSF will work together on waste segregation and management systems to ensure a cleaner operational environment, with expectations to enhance Mumbai Port’s green infrastructure and reduce its carbon footprint.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..